Metropolitan Housing Development
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 41,776 | 30,251 | 11,525 | 26.5 | 3% |
| 2014 | 338,483 | 277,875 | 60,608 | 5.5 | 11% |
| 2015 | 347,021 | 324,403 | 22,618 | 5.5 | 13% |
| 2016 | 495,342 | 480,834 | 14,508 | 23.6 | 13% |
| 2017 | 697,302 | 674,847 | 22,455 | 17.2 | 17% |
| 2018 | 675,319 | 753,539 | −78,220 | 14.2 | 22% |
| 2019 | 721,547 | 745,292 | −23,745 | 14.0 | 21% |
| 2020 | 767,527 | 666,497 | 101,030 | 17.4 | 22% |
| 2021 | 770,538 | 764,749 | 5,789 | 15.3 | 22% |
| 2022 | 752,512 | 719,531 | 32,981 | 16.8 | 26% |
| 2023 | 757,132 | 786,494 | −29,362 | 14.9 | 30% |
In its most recent public year (2023), this organization spent $29,362 more than it brought in. Its reserves stood at about 14.9 months of spending, down from 26.5 in 2013. Staff pay was 30% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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